Sales Analysis.
Suzhou Jinfu Technology Co Ltd reported sales of 1.58 billion Chinese Renmimbi (US$222.43 million)
for the
year ending
December of 2019.
This
represents
a
sharp
decrease of 38.4%
versus 2018, when the company's sales were 2.56 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 86.5% decline
in Solar Photovoltaic, from 722.72 million Chinese Renmimbi to 97.85 million Chinese Renmimbi.
There were also decreases in sales in
Electro-Optical Thin Film Device (down 23.6% to 1.04 billion Chinese Renmimbi)
and
Software and Information Technology Serv (down 79.7% to 3.15 million Chinese Renmimbi)
and
Other (down 34.8% to 113.40 million Chinese Renmimbi)
.
However, these declines were partially offset by the increase in sales of
Computer, Communications and Oth. Elec. (up 11.5% to 270.41 million Chinese Renmimbi)
and
Automobiles (up 16.6% to 42.92 million Chinese Renmimbi)
and
General Equipment (up 4.1% to 12.83 million Chinese Renmimbi)
.